World Bank director did not speak based on facts – John Jinapor
A Ranking member of the Mines and Energy Committee, John Jinapor, has criticized some assertions made by the World Bank Country Director about power...
GRA to charge importers additional 12.5% if they fail to register for VAT
The Ghana Revenue Authority (GRA) is cautioning all importers who qualify to register for Value Added Tax (VAT) but have failed to do so...
We will put pressure on govt to review 3 tax revenue measures, E-Levy – GUTA
The Ghana Union of Traders Association (GUTA) has hinted it will pursue the government to review three tax revenue measures and the Covid-19 Levy...
NPA impounds 181,000 litres of crude oil, diesel in Western Region
The National Petroleum Authority (NPA) has confiscated 73,000 litres of crude oil and 108,000 litres of diesel from smugglers on the high seas in...
Akufo-Addo declares NIMS as national strategic working document at national blue economy summit 2023
President Nana Akufo-Addo, at the launch of the 2023 National Blue Economy Summit, on 31 May, 2023 in Accra, officially declared the National Integrated...
NPA to commence prosecution of criminal acts under NPA Act 691
The National Petroleum Authority's (NPA) Legal Directorate will soon commence the prosecution of criminal acts that occur under the National Petroleum Authority Act 2005...
Surfline SIMs removed from Central SIM Database
The National Communications Authority (NCA) says it has delinked all Surfline SIMs from the Central SIM Database.“Subscribers who hitherto had reached the ceiling of...
3-year IMF deal not enough – Finance Expert
Associate Professor of Finance at Andrews University, Michigan, USA, Prof. Williams Kwasi Peprah, says Ghana’s thirty-six month extended credit facility deal with the International...
OMCs start increasing fuel prices; Goil selling a litre of petrol, diesel for ¢12.45
Some Oil Marketing Companies (OMCs) have started increasing prices of petroleum products at the pumps.Goil has taken the lead, selling at litre of diesel...
SIM re-registration: Your momo account is safe even if you lose your number – MTN assures
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has assured that mobile phone subscribers who may lose their phone numbers for not re-registering...
Petrol, diesel prices to stay same; LPG to go down 5% – IES
Prices of petrol and diesel are expected to stay the same in the first two weeks of June 2023.However, the price of Liquefied Petroleum...
Anointed Electricals Engineering Services Ltd expands with new Bolgatanga branch
Anointed Electrical Engineering Services Limited has officially opened its cutting-edge office in Bolgatanga, situated in the Upper East region.The new branch will serve as...
Cedi under increasing pressure: suffers 9% depreciation against dollar in past week
The Ghana cedi is facing mounting pressure as its recent strong performance fades away, relinquishing its position as the world's top-performing currency over the...
IMF predicts Ghana to attain moderate risk of debt distress by 2028
The International Monetary Fund (IMF) recently disclosed in its Staff Report on Ghana that the country is projected to reach a moderate risk of...
From Lemonade Finance to LemFi: International payments for everyone
In a bold move to further its commitment to providing international payments for everyone and better serve its expanding community, Lemonade Finance announces its...
IMF facility will not spell the immediate end of the difficulties we are in presently but…- Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has said that the country’s recent agreement with the International Monetary Fund (IMF) will help to restore confidence and...
Govt will restore public debt sustainability – Dr John Kumah
Deputy Finance Minister Dr John Ampontuah Kumah, is assuring the public of government’s resort to restore public debt sustainability in order to restore the...
IMF Bailout: Choices to make
On July 1, 2022, the Government of Ghana announced it was heading to the International Monetary Fund (IMF) to seek an Enhanced Credit Facility...
JUSAG strike: NLC to meet leadership to address concerns
The National Labour Commission (NLC) is expected to meet the leadership of the Judicial Service Association of Ghana (JUSAG) before the close of the...
BoG to commence monetary policy easing in quarter 4; inflation to fall further – Fitch Solutions
The Bank of Ghana will commence a monetary easing cycle in the 4th quarter of 2023, cutting the policy rate by 200 basis points (bps)...
Michael Gyapah wins ‘CEO of the Year 2022’ in the ‘Private Security Sector’ at Ghana CEO Summit
The Managing Director of G4S Security Services Ghana Ltd, Mr Michael Gyapah, was awarded “CEO of the Year 2022” in the “Private Security Sector”...
Our programme is strong; it’ll fix Ghana’s crisis if implemented prudently – IMF
Resident representative of the International Monetary Fund (IMF), Dr Leandro Medina, says Ghana’s economic crisis will be fixed if the government goes by all...
Letshego Ghana to provide funds for farmers through partnership with Ghana Commodity Exchange
Letshego Ghana, a subsidiary of Letshego Holdings Limited has recently partnered with the Ghana Commodity Exchange (GCX) to facilitate and provide funding for farmers...
Mahama to speak at 2023 Korea Africa Business Summit
Former President John Dramani Mahama is in Seoul, South Korea, at the invitation of the Korea-Africa Foundation to participate in the 2023 Korea-Africa Business...
Pehlora: Redefining organic skincare in Ghana and Africa
When it comes to skincare and haircare, using safe and effective products is essential.Enter Pehlora, a groundbreaking Ghanaian organic skincare brand that provides an...
Our position on BoG Act is to ensure clarity of law – Governor
The Governor of the Bank of Ghana, Dr Ernest Addison, has revealed that his outfit’s position on the new Bank of Ghana Act is...
Cedi to continue good run against dollar; gained almost 9% last week
The Ghana cedi is expected to continue its good run against the US dollar and the other major currencies on the retail market this...
E-Levy rakes in ¢861.47 million in 11 months of implementation
Data from the Ghana Revenue Authority (GRA) indicates that the Electronic Transfer Levy (E-Levy) implemented in May 2022 raked in ¢861.47 million as of...
Newmont pays over GHS 800 million as Q1 taxes to Gov’t of Ghana
Newmont Africa has announced that in the first quarter of 2023, its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS...
GRA starts property rate collection
The Ghana Revenue Authority (GRA) has announced that it will be sending Technical Support Officers (TSOs) and Client Support Officers (CSOs) to private and...
BoG keeps policy rate unchanged at 29.5%; cost of loans to remain high
The Monetary Policy Committee (MPC) of the Bank of Ghana has kept its policy rate unchanged at 29.5%.It cited a slowdown in inflation as...
Mobile money transactions hit ¢550.4bn in four months of 2023
Total mobile money transactions for the first four months of 2023 surpassed ¢550 billion, about 66.2% year-on-year growth, data from the Bank of Ghana...
Cedi depreciates 21.7% to dollar in May 2023 – BoG
The Ghana cedi lost about 21.7% in value to the US dollar on the interbank forex market as of May 2023, the Bank of...
Ghana’s debt fell ¢141.1bn to ¢434.6bn in December 2022 – BoG
Ghana’s public debt stock fell by ¢141.1 billion in December 2022 to end the year at ¢434.6 billion, approximately 71.2% of Gross Domestic Product,...
We are engaging Surfline over service outage – NCA
The National Communications Authority (NCA) says it has noted “with grave” concern inquiries by the public regarding Surfline’s operations and service outage.The Authority confirmed...
IMF’s first tranche of $600M to hit BoG account today
Governor of the Bank of Ghana (BoG), Ernest Kwamina Yedu Addison, has revealed that the first tranche of $600 million from the International Monetary...
BoG’s goal is to bring inflation to 6-10% target by 2026 – IMF
The Bank of Ghana’s (BoG) monetary policy goal is to bring inflation to 6-10% target by the end of the International Monetary Fund (IMF)...
Two arrested by GRA for cash invoice default
Two persons have been picked by the Tax Compliance Unit of the Ghana Revenue Authority for failing to issue Ghana Revenue Authority’s (GRA) cash...
Sinapi Aba Savings and Loans wins innovation hero award
Temenos has announced its 2023 Client Awards Winners at the Temenos Community Forum (TCF) in Vienna, celebrating the global pioneers, innovators, and visionaries in...
This is what the IMF said after approving Ghana’s $3bn bailout request
The International Monetary Fund (IMF) has approved Ghana's $3 billion bailout request to revive its struggling economy.The decision was made by the IMF's...